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:: Master of Business Administration (MBA)

A master's degree[note 1] (from Latin magister) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.[1] A master's degree normally requires previous study at the bachelor's level, either as a separate degree or as part of an integrated course. Within the area studied, master's graduates are expected to possess advanced knowledge of a specialized body of theoretical and applied topics; high order skills in analysis, critical evaluation, or professional application; and the ability to solve complex problems and think rigorously and independently.

• Postgraduate/graduate master's degrees (MA/M.A./A.M., MPhil/M.Phil., MSc/M.S./SM, MBA/M.B.A., LLM/LL.M., etc.) are the traditional formal form of master's degree, where the student already holds an undergraduate (bachelor's) degree on entry. Courses normally last one year in the UK and two years in the US.[47][48]
• Integrated master's degrees (MChem, MEng, MMath, MPharm, MPhys, MPsych, MSci, etc.) are UK degrees that combine an undergraduate bachelor's degree course with an extra year at master's level (i.e. a total of four years in England, Wales and Northern Ireland, and five years in Scotland). A 2011 survey of UK Higher Education Institutes found that 64% offered integrated master's course, mostly in STEM disciplines, with the most common degrees being MEng, MSci and MChem. 82% of respondents conferred only a master's degree for the course, while 9% conferred a bachelor's degree at the end of the bachelor's-level stage and a master's degree at the end of the course and a further 9% conferred both bachelor's and master's degrees at the end of the course.[56][57]

The UK Quality Assurance Agency defines three categories of Master's degrees:[59]

• Research master's degrees are primarily research based, although may contain taught elements, particularly on research methods. Examples are the MLitt (usually, but not always a research degree), the Master's by Research, and the MPhil. The Master's by Research (MbyRes, ResM), which is a research degree, is distinct from the Master of Research (MRes), which is a taught degree concentrating on research methods.[60]
• Specialised or advanced study master's degrees are primarily taught degrees, although commonly at least a third of the course is devoted to a research project assessed by dissertation. These may be stand-alone master's courses, leading to, e.g., MSc, MA or MRes degrees, or integrated master's degrees.
• Professional or practice master's degrees (see also professional degree) are designed to prepare students for a particular professional career and are primarily taught, although they may include work placements and independent study projects. Some may require professional experience for entry. Examples include MBA, MDiv, LLM and MSW as well as some integrated master's degrees. The name of the degree normally includes the subject name.

The United States Department of Education classifies master's degrees as research or professional. Research master's degrees in the US (e.g., M.A./A.M. or M.S.) require the completion of taught courses and examinations in a major and one or more minor subjects, as well as (normally) a research thesis. Professional master's degrees may be structured like research master's (e.g., M.E./M.Eng.) or may concentrate on a specific discipline (e.g., M.B.A.) and often substitute a project for the thesis.[48]

Master's programs in the US and Canada are normally two years in length. In some fields/programs, work on a doctorate begins immediately after the bachelor's degree, but a master's may be granted along the way as an intermediate qualification if the student petitions for it.[48] Some universities offer evening options so that students can work during the day and earn a master's degree in the evenings.[63]

Admission to a master's degree normally requires successful completion of study at bachelor's degree level either (for postgraduate degrees) as a stand-alone degree or (for integrated degrees) as part of an integrated scheme of study. In countries where the bachelor's degree with honours is the standard undergraduate degree, this is often the normal entry qualification.[59][72] In addition, students will normally have to write a personal statement and, in the arts and humanities, will often have to submit a portfolio of work.[73]

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A business school is a university-level institution that confers degrees in business administration or management. According to Kaplan business schools are "educational institutions that specialize in teaching courses and programs related to business and/or management".[1] Such a school can also be known as school of management, school of business administration, or colloquially b-school or biz school. A business school teaches topics such as accounting, administration, strategy, economics, entrepreneurship, finance, human resource management, management science, management information systems, international business, logistics, marketing, organizational psychology, organizational behavior, public relations, research methods and real estate among others.

There are several forms of business schools, including a school of business, business administration, and management.

1. Most of the university business schools consist of faculties, colleges, or departments within the university, and predominantly teach business courses (e.g. Mannheim Business School).
2. In North America, a business school is often understood to be a university program that offers a graduate Master of Business Administration degrees and/or undergraduate bachelor's degrees (e.g. Harvard Business School).
3. In Europe and Asia, some universities teach predominantly business courses (e.g. Copenhagen Business School).
4. Privately owned business school which is not affiliated with any university (e.g. WHU-Otto Beisheim School of Management).

Kaplan classifies business schools along four Corners:[2]

1. Culture (Europe - US): Independent of their actual (physical) location, business schools can be classified according to whether they follow the European or the US model.
2. Compass (international/global – regional/local): Business schools can be classified along a continuum, with international/ global schools on one end and regional/ local schools on the other.
3. Capital (public – private): Business schools can either be publicly (state) funded or privately funded, for example through endowments or tuition fees.
4. Content (teaching – research): Business school can be classified according to whether a school considers teaching or research to be its primary focus.

Common degrees are as follows.

• Associate's degree: AA, AAB, ABA, AS
• Bachelor's Degrees:

BCom, BA, BS, BBA (Bachelor of Business Administration), BBus (Bachelor of Business), BSBA, BAcc, BABA, BBS, BMOS and BBusSc (Bachelor of Business Science)

• Master's Degrees: MBA, MBM, Master of Management, MAcc, MMR, MSMR, MPA, MISM, MSM, MHA, MSF, MSc, MST, MMS, EMBA and MCom. At Oxford and Cambridge business schools an MPhil or MSc, is awarded in place of an MA.
• Doctoral Degrees: Ph.D., DBA, DHA, DM, Doctor of Commerce (DCOM), PhD in Management or Business Doctorate (Doctor of Philosophy), Doctor of Professional Studies (DPS)

Some business schools structure their teaching around the use of case studies (i.e. the case method). Case studies have been used in Graduate and Undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more.

Business schools often obtain case studies published by the Harvard Business School, INSEAD, London Business School, the Kellogg School of Management at Northwestern University, the Ross School of Business at the University of Michigan, the Richard Ivey School of Business at The University of Western Ontario, the Darden School at the University of Virginia, IESE, other academic institutions, or case clearing houses (such as The Case Centre). Harvard's most popular case studies include Lincoln Electric Co.[44] and Google, Inc.[45]

Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching:

1. Preparing case-specific questions to be answered by the student. This is used with short cases intended for Undergraduate students. The underlying concept is that such students need specific guidance to be able to analyze case studies.
2. Problem-solving analysis is the second method initiated by the Harvard Business School which is by far the most widely used method in MBA and executive development programs. The underlying concept is that with enough practice (hundreds of case analyses) students develop intuitive skills for analyzing and resolving complex business situations. Successful implementation of this method depends heavily on the skills of the discussion leader.
3. A generally applicable strategic planning approach. This third method does not require students to analyze hundreds of cases. A strategic planning model is provided and students are instructed to apply the steps of the model to six – and up to a dozen cases – during a semester. This is sufficient to develop their ability to analyze a complex situation, generate a variety of possible strategies and to select the best ones. In effect, students learn a generally applicable approach to analyze cases studies and real situations.[46] This approach does not make any extraordinary demands on the artistic and dramatic talents of the teacher. Consequently, most professors are capable of supervising the application of this method.

In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research, management information systems, statistics, organizational behavior, modeling and simulation, and decision science. The leading institution in this method is the Tepper School of Business at Carnegie Mellon University. The goal is to provide students a set of tools that will prepare them to tackle and solve problems.

Another important approach used in business school is the use of business games that are used in different disciplines such as business, economics, management, etc. Some colleges are blending many of these approaches throughout their degree programs, and even blending the method of delivery for each of these approaches. A study from by Inside Higher Ed and the Babson Survey Research Group[48] shows that there is still disagreement as to the effectiveness of the approaches but the reach and accessibility is proving to be more and more appealing. Liberal arts colleges in the United States like New England College,[49] Wesleyan University,[50] and Bryn Mawr College are now offering complete online degrees in many business curriculae despite the controversy that surrounds the learning method.

There are also several business schools which still rely on the lecture method to give students a basic business education. Lectures are generally given from the professor's point of view, and rarely require interaction from the students unless notetaking is required. Lecture as a method of teaching in business schools has been criticized by experts for reducing the incentive and individualism in the learning experience.[51]

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Washington (/ˈwɒʃɪŋtən/ (listen)), officially the State of Washington, is a state in the Pacific Northwest region of the United States. Named for George Washington, the first president of the United States, the state was made out of the western part of the Washington Territory, which was ceded by Britain in 1846 in accordance with the Oregon Treaty in the settlement of the Oregon boundary dispute. It was admitted to the Union as the 42nd state in 1889. Olympia is the state capital; the state's largest city is Seattle. Washington is sometimes referred to as Washington State to distinguish it from Washington, D.C., the capital of the United States.

Washington is the 18th largest state, with an area of 71,362 square miles (184,827 km2), and the 13th most populous state, with more than 7.4 million people. Approximately 60 percent of Washington's residents live in the Seattle metropolitan area, the center of transportation, business, and industry along Puget Sound, an inlet of the Pacific Ocean consisting of numerous islands, deep fjords, and bays carved out by glaciers. The remainder of the state consists of: deep temperate rainforests in the west; mountain ranges in the west, central, northeast, and far southeast; and a semi-arid basin region in the east, central, and south, given over to intensive agriculture. Washington is the second most populous state on the West Coast and in the Western United States, after California. Mount Rainier, an active stratovolcano, is the state's highest elevation, at almost 14,411 feet (4,392 meters), and is the 2nd topographically prominent mountain in the continental United States, the first being Denali in Alaska. It is also the 2nd highest peak in the contiguous United States, the first being Mt. Whitney in California.

Washington is a leading lumber producer. Its rugged surface is rich in stands of Douglas fir, hemlock, ponderosa pine, white pine, spruce, larch, and cedar. The state is the biggest producer of apples, hops, pears, red raspberries, spearmint oil, and sweet cherries, and ranks high in the production of apricots, asparagus, dry edible peas, grapes, lentils, peppermint oil, and potatoes. Livestock and livestock products make important contributions to total farm revenue, and the commercial fishing of salmon, halibut, and bottomfish makes a significant contribution to the state's economy. Washington ranks second only to California in the production of wine.

Manufacturing industries in Washington include aircraft and missiles, ship-building, and other transportation equipment, lumber, food processing, metals and metal products, chemicals, and machinery. Washington has over 1,000 dams, including the Grand Coulee Dam, built for a variety of purposes, including irrigation, power, flood control, and water storage.

Washington is one of the wealthiest and most socially progressive states in the country. The state consistently ranks among the best for life expectancy and low unemployment.[3] Along with Colorado, Washington was one of the first to legalize medicinal and recreational cannabis, was among the first thirty-six states to legalize same-sex marriage, doing so in 2012, and was one of only four U.S. states to have been providing legal abortions on request before the 1973 Supreme Court decision in Roe v. Wade loosened federal abortion laws. Similarly, Washington voters approved a 2008 referendum on legalization of physician-assisted suicide, and is currently only one of five states, along with Oregon, California, Colorado and Vermont, as well as the District of Columbia to have legalized the practice. The state is also one of eight in the country to have criminalized the sale, possession and transfer of bump stocks, with California, Florida, New Jersey, New York, Vermont, Maryland, and Massachusetts also having banned these devices.

State of Washington
Flag Seal
Nickname(s): "The Evergreen State" (unofficial)[1]
Motto(s): Al-ki or Alki, "bye and bye" in Chinook Jargon
State song(s): "Washington, My Home"
Official language	None (de jure) English (de facto)
Demonym	Washingtonian
Capital	Olympia
Largest city	Seattle
Largest metro	Greater Seattle
Area	Ranked 18th
 • Total	71,362 sq mi (184,827 km2)
 • Width	360 miles (580 km)
 • Length	240 miles (400 km)
 • % water	6.6
 • Latitude	45°  33′ N to 49° N
 • Longitude	116°  55′ W to 124°  46′ W
Population	Ranked 13th
 • Total	7,535,591 (2018)
 • Density	103/sq mi  (39.6/km2) Ranked 25th
 • Median household income	$70,979 (2017)[2] (11th[2])
Elevation
 • Highest point	Mount Rainier 14,411 ft (4,392 m)
 • Mean	1,700 ft  (520 m)
 • Lowest point	Pacific Ocean Sea level
Before statehood	Washington Territory
Admitted to the Union	November 11, 1889 (42nd)
Governor	Jay Inslee (D)
Lieutenant Governor	Cyrus Habib (D)
Legislature	State Legislature
 • Upper house	State Senate
 • Lower house	House of Representatives
U.S. Senators	Patty Murray (D) Maria Cantwell (D)
U.S. House delegation	7 Democrats 3 Republicans (list)
Time zone	Pacific: UTC −8/−7
ISO 3166	US-WA
Abbreviations	WA, Wash.
Website	access.wa.gov

Washington has a strong economy in general, with a total gross state product of $476.770 billion, placing it 14th in the nation.[97] The minimum wage in 2018 was $11.50 an hour, the second highest in the country. Significant business within the state include the design and manufacture of aircraft (Boeing), automotive (Paccar), computer software development (Microsoft, Bungie, Amazon, Nintendo of America, Valve Corporation, ArenaNet), telecom (T-Mobile US), electronics, biotechnology, aluminum production, lumber and wood products (Weyerhaeuser), mining, beverages (Starbucks, Jones Soda), real estate (John L. Scott, Colliers International, Windermere Real Estate, Kidder Mathews), retail (Nordstrom, Eddie Bauer, Car Toys, Costco, R.E.I.), and tourism (Alaska Airlines, Expedia, Inc.). A Fortune magazine survey of the top 20 Most Admired Companies in the US has four Washington-based companies: Amazon, Starbucks, Microsoft, and Costco.[98] At over 80% the state has significant amounts of hydroelectric power generation. Also, significant amounts of trade with Asia pass through the ports of the Puget Sound, leading to a number 6 ranking of US ports (ranking combines twenty-foot equivalent units (TEUs) moved and infrastructure index).[99]

With the passage of Initiative 1183, the Washington State Liquor Control Board (WSLCB) ended its monopoly of all-state liquor store and liquor distribution operations on June 1, 2012.

Among Washington's resident billionaires are, as of December 2017, both the first and the second wealthiest people in the world: Jeff Bezos of Amazon, with a net worth of US$99.6 billion, and Bill Gates of Microsoft, at of $91.3 billion.[100] As of April 2014, other Washington state billionaires included Microsoft's Paul Allen, Steve Ballmer, and Charles Simonyi, and Craig McCaw of McCaw Cellular Communications, James Jannard of Oakley, and Howard Schultz of Starbucks.[101]

As of December 2018, the state's unemployment rate is 4.3 percent.[102]

There are more than 40 institutions of higher education in Washington. The state has major research universities, technical schools, religious schools, and private career colleges. Colleges and Universities include the University of Washington, Seattle University, Washington State University, Western Washington University, Eastern Washington University, Central Washington University, Pacific Lutheran University, Gonzaga University, University of Puget Sound, The Evergreen State College, and Whitman College.

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School: University of Phoenix Program: The Master of Business Administration program is designed to enhance the management skills students need to function effectively within an organization. Students will create and defend their solutions to problems of crisis management, profitable growth opportunities, and change leadership. Throughout the program, students gain experience in distilling a situation into a well-defined problem; applying tools and concepts to analyze a variety of alternative solutions; and selecting and defending their recommended course of action. The Master of Business Administration program at University of Phoenix utilizes problem-based learning where students refine their problem solving skills along with their communication, creativity, information utilization, and critical thinking skills. They are assessed on the basis of their use of the problem solving process (which employs a general rubric) as well as their communication and critical thinking skills during their presentation. Learning teams will apply the principles of benchmarking throughout the program to research the most creative solutions to a problem. This will enrich the alternatives that learners consider in evaluating possible solutions to the problems. The MBA consists of 39 credit hours and includes three proficiency courses (MBA 501, MBA 502, MBA 503) which may be satisfied using an undergraduate business degree, undergraduate coursework or graduate coursework. Students may also waive an additional nine credits using graduate courses and may qualify for a 21-credit hour residency. :: Concentration: Administration :: Campus    ::  Location: Edmonds, WA ::  more info

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School: University of Phoenix Program: The Master of Business Administration program is designed to enhance the management skills students need to function effectively within an organization. Students will create and defend their solutions to problems of crisis management, profitable growth opportunities, and change leadership. Throughout the program, students gain experience in distilling a situation into a well-defined problem; applying tools and concepts to analyze a variety of alternative solutions; and selecting and defending their recommended course of action. The Master of Business Administration program at University of Phoenix utilizes problem-based learning where students refine their problem solving skills along with their communication, creativity, information utilization, and critical thinking skills. They are assessed on the basis of their use of the problem solving process (which employs a general rubric) as well as their communication and critical thinking skills during their presentation. Learning teams will apply the principles of benchmarking throughout the program to research the most creative solutions to a problem. This will enrich the alternatives that learners consider in evaluating possible solutions to the problems. The MBA consists of 39 credit hours and includes three proficiency courses (MBA 501, MBA 502, MBA 503) which may be satisfied using an undergraduate business degree, undergraduate coursework or graduate coursework. Students may also waive an additional nine credits using graduate courses and may qualify for a 21-credit hour residency. :: Concentration: Administration :: Campus    ::  Location: Seattle, WA ::  more info

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The Masters in Business Administration (MBA) develops students for the role managers play in defining business problems, assessing information, considering alternatives, and choosing the best solution.

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